Daily Archives: March 21, 2017

Top bidders included Shell Offshore, Statoil, Chevron and Hess Corp – each offering more than $44 million for access to offshore exploration and production, according to federal records.
Link to full article: Gulf Of Mexico Lease Sale Nets 5M in Bids, Feds Suggest Trump Bounce
Source: RigZone

Both the US and global benchmarks slipped over 80 cents off newsflow that US crude inventories had risen by 5 million barrels for the week ending March 17.
Link to full article: Oil Falls on Yet Another US Crude Build
Source: RigZone

Petrobras raises a goal for asset divestitures and partnerships for 2017 and 2018 to $21 billion from $19.5 billion.
Link to full article: Petrobras Raises Asset Sale Goal To B For 2017-2018 Period
Source: RigZone

A.P. Moller-Maersk reached an agreement with the Danish state that means it will pay less tax on its North Sea oil and gas activities through 2025.
Link to full article: Maersk Reaches Key North Sea Tax Deal With Denmark
Source: RigZone

India approves a policy allowing extra time to contractors of old blocks to unlock oil and gas reserves of more than 426 million barrels.
Link to full article: India Eases Rules For Old Oil, Gas Blocks; To Unlock B Reserves
Source: RigZone

As we near the end of the 1Q, recruiters weigh in on what the industry’s current needs are and what we will see going forward in the recruitment space.
Link to full article: Recruiter Check-In: What’s Happening in Oil, Gas
Source: RigZone

The head of crude oil trading at Chinese state energy giant PetroChina has resigned after 20 years with the company.
Link to full article: Petrochina’s Head Of Crude Oil Trading Resigns, Replaced By Deputy
Source: RigZone

The offshore industry will play a vital role in a second Scottish independence referendum campaign, Wood Mackenzie says.
Link to full article: Offshore Industry To Play ‘Vital Role’ in Scottish Independence Campaign
Source: RigZone

Britain’s IGas has won planning consent from Nottinghamshire County Council to develop a shale gas well site and drill an exploratory well at Tinker Lane.
Link to full article: Britain’s Igas Wins Approval For Shale Gas Exploration
Source: RigZone